Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 03’Apr.
India’s induction furnace (IF) steel market witnessed an uptick in prices, with offers floated by the mills rising by INR 600/tonne (t) d-o-d on 3 April, 2025. Sponge iron prices edged up by INR 100-200/t. Prices rose by INR 200/t in the Raipur and Ramgarh markets. Billet prices increased by INR 100-400/t. The Jalna market…